As of 30 June 2009, Alpcot Agro controlled approximately 161,000 hectares of arable land in Russia and owned, directly or indirectly through so called pais, approximately 91,000 hectares of agricultural land. See definitions at the bottom of the page. Distribution of land by region and by land in control and land in ownership respectively is shown in the table below.

Last update June 30 2009

Land in control is registered land and land where a subsidiary of the company, either itself or in the name of agents, has registered a lease agreement or is in the process of registering a lease agreement with local authorities.

Land in ownership is registered land and the indirect ownership of land within the Russian Pai system. The Pais can be registered either in the company’s subsidiary’s name or in the name of an agent acquiring Pais on behalf of the company’s subsidiary within the framework of legally binding contracts, or is in the process of entry into the land register with local authorities.